Description
The global genetic testing market accounted for USD 3.8 Billion in 2015 and is estimated to reach USD 4.23 billion in 2016 . Growing at a moderately high CAGR of 9.7 %, the market value is expected to reach USD 6.7 billion by 2021 .
Some values in the chart may be randomized . Actual data available on report purchase In the recent years , with advancements in science and technology , genetic testing has grown to become one of the most important markets in healthcare . Genetic testing allows diagnosis of a disease after its onset , as well as predicting the risk of acquiring a certain disease . There are a number of government initiatives that are being taken to bring about awareness and educate people about the benefits of genetic testing .
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Global Genetic Testing Market- Market Segmentation The global genetic testing market is segmented by type , disease , technology and geography . By type , the market is segmented into carrier testing , diagnostic testing , new-born screening , predictive & pre-symptomatic testing and prenatal testing .
The new-born screening market accounted for the highest market share in 2015 and is projected to reach USD XX million in 2016 and USD XX billion by 2021 , at a CAGR of XX % during the forecast period . However , the carrier testing market is expected to grow at the highest CAGR of XX % from 2016 to 2021 .
Some values in the chart may be randomized . Actual data available on report purchase By disease , the market is segmented into Alzheimer &# 39 ; s , cancer , cystic fibrosis , sickle cell anemia , Duchenne &# 39 ; s muscular dystrophy , thalassemia , and Huntingtondisease .
The cancer testing market holds the largest share and is projected to reach USD XX million in 2016 and USD XX billion by 2021 . The Alzheimerdisease testing market holds the second largest share and is estimated to reach USD XX million in 2016 .
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Some values in the chart may be randomized . Actual data available on report purchase By technology , the market is segmented into cytogenetic testing , molecular testing , and biochemical testing markets . The molecular testing market holds the largest share , estimated to reach USD XX billion in 2016 . However , the cytogenetic testing market is expected to grow at the highest CAGR of XX % during the forecast period .
Some values in the chart may be randomized . Actual data available on report purchase By geography , the market is segmented into North America , Europe , Asia-Pacific , the Middle East &
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